SHINGAKUKAI HOLDINGS CO.,LTD. [9760.T]
TOKYO, Mar 31 (Pulse News Wire) – Shingakukai Holdings CO.,LTD. (9760.T) announced changes in asset purpose from fixed assets to sales properties following its extraordinary board meeting held.
The company decided to shift the holding purpose of certain fixed assets to sales properties to ensure quicker responses to potential sales opportunities. This decision affects 10 rental properties with a book value of [¥1.300 billion]. According to the company, the reclassification will not impact the fiscal year ending March 2026's operating results.
However, there could be minor effects on the fiscal year ending March 2027. In the long term, the move is expected to contribute positively to the group’s performance. Any future developments related to the sale of these properties will be promptly disclosed.
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